Sentences with phrase «debt restructure»

A voluntary method of debt restructuring in which a person makes a lump sum payment to a financial counseling agency who distributes the funds to creditors.

A second debt restructuring in 2010 brought the percentage of bonds out of default to 93 %, but some creditors have still not been paid.

Other alternatives include debt restructuring, bankruptcy (as a last resort), and formal proposal.

They were enacted to encourage restructuring rather than liquidation of a company in distress by facilitating the application and approval of a moratorium on debt restructuring.

If the replacement of debt occurs under financial distress, it is also referred to as debt restructuring.

Indeed, about 85 % of global bond managers now anticipate a Greek debt restructuring.

However, do you know what debt restructuring is all about?

He also has experience in insolvency law and debt restructuring transactions.

There is additional legislation that has not been passed yet which would allow for easier and more favorable student loan debt restructuring in the near future.

Chapter 13 of the bankruptcy code allows for credit card debt restructuring.

The debt situation can be controlled and reversed if you put into place fiscal discipline and strict debt restructuring.

Debt restructuring ranges from refinancing one piece of equipment to «full - facility» investment.

We are also experienced in current deal structure in the distressed investment and debt restructuring markets.

This type of debt restructuring can be considered a «distressed exchange» of debt, and thus a default on the terms of the original debt.

Greece accounted for 81 % of the EMEA (Europe, Middle East and Africa) region's debt restructuring deals in 2012.

In short, attempting to avoid the need for debt restructuring by wasting trillions in public funds increases the likelihood that the current economic downturn will be prolonged, places a massive claim on our future production in order to transfer our nation's wealth to the bondholders of mismanaged financial companies, and raises the likelihood that any nascent recovery will be cut short by inflation pressures.

The company won U.S. court approval on Tuesday for its multi-billion dollar debt restructuring plan after reaching a deal with more than 40 banks, unsecured creditors and shipyards.

Briefly, PROMESA establishes an independent oversight board, provides for a bankruptcy - like debt restructuring process, and requires submission of a Fiscal Plan by Puerto Rico.

We represent debtors, creditors, trustees, creditors» committees, institutional lenders and investors in connection with out of court debt restructurings, acquisitions and financings, complex litigation, in addition to Chapter 7, 9, and 11 bankruptcy cases throughout the U.S..

Los Angeles Debt Relief Program: Debt restructuring programs are for consumers with a financial hardship.

SINGAPORE, April 29 - Noble Group will set a date for a special meeting to seek shareholder approval for a $ 3.4 billion debt restructuring after a Singapore court blocked its scheduled annual meeting following legal action by a dissident shareholder.

He has worked on public and private debt and equity offerings, exchange offers and debt restructurings by U.S. and non-U.S. issuers in a variety of industries.

The Bankruptcy & Insolvency Act provides different debt restructuring options for Canadians, which includes both personal bankruptcies and consumer proposals.

The economist - who once described the austerity imposed by Greece's creditors as «fiscal waterboarding» - said his new MeRA25 party would revive the economy through debt restructuring and other measures.

SINGAPORE, April 19 - Embattled Noble Group said it will drop a provision in its $ 3.4 billion debt restructuring proposal that placed restrictions on shareholders voting against the plan after criticism from the Singapore Exchange.

Peak Legal Advocates is a leading attorney debt restructuring company in America.

Your Advisor should have already considered debt restructuring solutions such as remortgage before considering an IVA.

Greece's finance minister tells Bloomberg TV he'd rather cut his arm off than agree to a deal without debt restructuring

A subtle type of debt restructuring takes the form of «financial repression.»

Faber is a locally owned provider of consumer and corporate debt restructuring solutions in Alberta the Northwest Territories and Nunavut.

Faber Inc. is a locally owned provider of consumer and corporate debt restructuring solutions in Northern Alberta, the Northwest Territories and Nunavut.

Assenagon Asset Management SA v IBRC Ltd [2012] EWHC 2090 (Ch) Instructed on behalf of a noteholder seeking to challenge the validity of a substantial debt restructuring carried out by Anglo - Irish Bank (with Richard Snowden QC).

Enid Investors Corporation v IBRC Ltd (2012) Instructed on behalf of a noteholder seeking to challenge the validity of a substantial debt restructuring carried out by Anglo - Irish Bank.

Legally speaking, EU creditors don't need to present medium - and long - term debt restructuring measures until 2018.

However, at a meeting in May they postponed any significant debt restructuring measures to 2018.

There can be a successful European Union, and many of the changes that are needed to ensure success are likely to be relatively easy to implement, especially if they are part of an overall package that includes significant debt restructuring and forgiveness, but the current structure is not in place.

Puerto Rico Governor Alejandro Garcia Padilla established a working group to negotiate debt restructuring that began meetings on July 7.

Lew also warned that, absent federal debt restructuring legislation, «Puerto Rico will face a series of cascading defaults.»

Dublin - based telecommunications giant Eircom began debt restructuring talks last week with a committee representing 28 percent of its first - lien lenders, according to The Irish Times.

Paul Weiss has also teamed with Morgan, Lewis & Bockius in advising Dallas - based securities clearing firm Penson Worldwide on a proposed debt restructuring agreement with lenders, according to the company.

For over 40 years, GVM has advised clients in all stages of the business cycle: formation, debt and equity financing, vineyard and winery acquisitions, grape purchase agreements, vineyard leases, distribution and brokerage agreements, sales and marketing agreements, mergers and acquisitions and troubled debt restructures.

It wants $ 823 million (# 685 million) in compensation after Cyprus was forced to nationalise the Laiki Bank as part of the EU debt restructuring agreement.

Back ten - years ago there was consumer credit counseling and debt settlement, now there are private student loan relief programs, federal student loan consolidation, attorney debt restructuring and non-attorney debt settlement options.

In recent years, Corpus has advised on numerous novel matters including financial derivatives, repurchases transactions, securities offerings and regulation, to large - scale debt restructuring, solar energy regulation, international arbitration.

A recent debt restructuring completed on the Atlantis Resort and Casino in the Bahamas proves just how tricky CMBS distress resolutions can get.

Global Finance Deal of The Year Grand Prize Winner — Greece's debt restructuring Global Dispute of The Year Grand Prize Winner — Dow v Kuwait Petroleum Global M&A Deal of The Year Grand Prize Winner — Softbank - Sprint Global Citizenship Award Grand Prize Winner — Fighting Human Trafficking Initiative Click here to see the full list of grand prize winners.

Funds From Operations (FFO)-- REIT represents, according to the National Association of Real Estate Investment Trusts, Inc. (NAREIT), net income computed in accordance with Generally Accepted Accounting Principals (GAAP), excluding gains (or losses) from debt restructuring and sales of property, plus depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures.

Despite recognizing last May that Greece needs debt restructuring, some euro zone officials — including the German Finance Minister Wolfgang Schäuble - keep a hard stance against big concessions.

As more local governments find themselves unable to meet the increasing costs, particularly related to pensions and retiree health benefits, municipalities have begun to more seriously consider debt restructuring under the bankruptcy code as an option for right - sizing their budgets.